$319,900
123 Pine St
Springfield, MA, 01105
Cash-flowing property with long-term tenants and professional property management in place—management is eager to continue servicing the new owner. The roof is approximately three years old.This sale includes two abutting lots zoned R2, presenting a prime opportunity for investors and developers. Leverage the steady rental income to offset holding costs while planning your next project. Total monthly income is $2,700. Tenants pay their own electricity. Multiple investment strategies make this a rare opportunity for savvy buyers.
Property Details
Price:
$319,900
MLS #:
73347086
Status:
Active
Beds:
4
Baths:
2
Address:
123 Pine St
Type:
Multi Family
City:
Springfield
Listed Date:
Mar 19, 2025
State:
MA
Finished Sq Ft:
1,588
Total Sq Ft:
1,588
ZIP:
01105
Lot Size:
17,424 sqft / 0.40 acres (approx)
Year Built:
1909
Units:
2
Schools
Interior
Bathrooms
2 Full Bathrooms
Laundry Features
Electric Dryer Hookup, Washer Hookup
Exterior
Community Features
Public Transportation, Shopping, Park, Laundromat, Public School
Exterior Features
Professional Landscaping
Parking Features
Off Street
Parking Spots
4
Roof
Shingle
Financial
Tax Year
2024
Taxes
$2,748
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of A Plus Realty Group, LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
123 Pine St
Springfield, MA
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